Derivatives Demystified

Derivatives Demystified

This new edition will be fully revised to reflect the many changes the derivatives markets have seen over the last three years.

Author: Andrew M. Chisholm

Publisher: Wiley

ISBN: 0470749377

Category: Business & Economics

Page: 288

View: 364

Derivatives are everywhere in the modern world and it is important for everyone in banking, investment and finance to have a good understanding of the subject. Derivatives Demystified provides a step-by-step guide to the subject, enabling the reader to have a solid, working understanding of key derivative products. Adopting a highly accessible approach, the author explains derivative products in straightforward terms and without the complex mathematics that underlie the subject, focusing on practical applications, case studies and examples of how the products are used to solve real-world problems. Derivatives Demystified follows a sequence that is designed to show that, although there are many applications of derivatives, there are only a small number of basic building blocks, namely forwards and futures, swaps and options. The book shows how each building block is applied to different markets and to the solution of various risk management and trading problems. This new edition will be fully revised to reflect the many changes the derivatives markets have seen over the last three years. New material will include a comprehensive history of derivatives, leading up to their use and abuse in the current credit crisis. It will also feature new chapters on regulation and control of derivatives, commodity derivatives, credit derivatives and structured products and new derivative markets including inflation linked and insurance linked products. Derivatives Demystified is essential reading for everyone who operates in the financial markets or within the corporate environment who requires a good understanding of these important financial instruments.
Categories: Business & Economics

Derivatives Demystified

Derivatives Demystified

The book is a step-by-step guide to derivative products.

Author: Andrew M. Chisholm

Publisher: John Wiley & Sons

ISBN: 0470972955

Category: Business & Economics

Page: 250

View: 846

The book is a step-by-step guide to derivative products. By distilling the complex mathematics and theory that underlie the subject, Chisholm explains derivative products in straightforward terms, focusing on applications and intuitive explanations wherever possible. Case studies and examples of how the products are used to solve real-world problems, as well as an extensive glossary and material on the latest derivative products make this book a must have for anyone working with derivative products.
Categories: Business & Economics

Derivatives Demystified

Derivatives Demystified

This is a must read for everyone in the securities industry."—Professor Jeffrey J. Hass, Professor of Securities Law and Corporate Finance, New York Law School "The word 'derivatives' is a hot-button topic in Washington.

Author: John C. Braddock

Publisher: Wiley

ISBN: 0471146331

Category: Business & Economics

Page: 320

View: 390

State-of-the-art instruction for understanding and using structured financial products For financial professionals, the ability to understand the basic design and uses of structured financial products is critical for modern investing, as well as client retention. Derivatives Demystified: Using Structured Financial Products contains up-to-date and in-depth information on a complete range of derivative-based financial instruments. Critical Praise for Derivatives Demystified "Derivative financial products are an increasing part of global finance. Braddock narrates us through this mystical world in a way non-professionals can understand."—Ambassador James R. Jones, Former Chairman and CEO of the American Stock Exchange "John Braddock has accomplished the impossible. Derivatives Demystified breaks down hypercomplex subject matter into manageable units and then explains them using easily understood prose. This is a must read for everyone in the securities industry."—Professor Jeffrey J. Hass, Professor of Securities Law and Corporate Finance, New York Law School "The word 'derivatives' is a hot-button topic in Washington. Derivatives Demystified is an eminently readable book and goes a long way toward correcting many of the misconceptions about this fascinating new area of global finance."—Dr. Douglas E. Schoen, Political Strategist, Penn & Schoen "Braddock's 'inside look' at the activities of the financial wizards who structure these instruments is, by itself, worth the price of admission."—Edward H. Fleischman, Consultant, Linklaters & Paines, Former Commissioner of the Securities and Exchange Commission "A clear and indispensable guide for the serious investor."—Michael Metz, Chief Investment Strategist, Oppenheimer & Co., Inc., New York Structured products are financial instruments that are engineered to meet specific investment objectives. In this comprehensive new book, financial engineering expert John Braddock provides both technical and non-technical readers with valuable insights into some of today's most innovative financial instruments. Essential tools used by many financial professionals, these non-traditional securities—whose values are linked to, or "derived" from, such underlying assets as stocks, bonds, currencies, and commodities—are increasingly available to investors at every level. Structured products can facilitate the movement of risk exposure into and out of investment portfolios with greater efficiency than many conventional securities. And due to their sensitivity to price fluctuations, they often provide investors with early insights into the behavior of the assets and markets on which they are based. Beginning with a thorough and timely overview of the main types of structured products in use today—how and why they are used, investment risks, and customer suitability requirements—Derivatives Demystified: Using Structured Financial Products also offers an extensive examination of the development and marketing process and the responsibilities of officers and directors overseeing derivative transactions. With up-to-date and authoritative explanations, it is packed with essential information on: Warrants and index linked notes Convertible securities and equity linked notes Exotic and custom-made options Monetization and hedging strategies for restricted or low cost basis stock A key element of Derivatives Demystified: Using Structured Financial Products is the special Resource Guide. This unique section provides valuable information on many important aspects of financial engineering, including the investment banking, marketing, and underwriting activities that relate to the creation of structured products. It includes sample product development checklists, marketing materials, management presentations, cost studies, and a comprehensive glossary. An indispensable tool for grasping the complexities of derivative securities, and their use as the building blocks for structured products, this clear and concise guide provides an invaluable addition to any financial library.
Categories: Business & Economics

Derivatives Demystified

Derivatives Demystified

Author: Robert L. Deutsch

Publisher:

ISBN: 1863160884

Category: Derivative securities

Page: 92

View: 195

Categories: Derivative securities

Derivatives

Derivatives

Prentice Hall 3Chisolm, Derivatives Demystified (Wiley 2004) 4Chisolm, ... amounts outstanding of OTC derivatives with a gross market value of $20 trillion.

Author:

Publisher: PediaPress

ISBN:

Category:

Page:

View: 484

Categories:

Currency Derivatives

Currency Derivatives

WILEY SERIES IN FINANCIAL ENGINEERING Derivatives Demystified : Using Structured Financial Products John C. Braddock Option Pricing Models Les Clewlow and ...

Author: David F. DeRosa

Publisher: John Wiley & Sons

ISBN: 0471252670

Category: Business & Economics

Page: 387

View: 170

A groundbreaking collection on currency derivatives, including pricing theory and hedging applications. "David DeRosa has assembled an outstanding collection of works on foreign exchange derivatives. It surely will become required reading for both students and option traders."-Mark B. Garman President, Financial Engineering Associates, Inc. Emeritus Professor, University of California, Berkeley. "A comprehensive selection of the major references in currency option pricing."-Nassim Taleb. Senior trading advisor, Paribas Author, Dynamic Hedging: Managing Vanilla and Exotic Options. "A useful compilation of articles on currency derivatives, going from the essential to the esoteric."-Philippe Jorion Professor of Finance, University of California, Irvine Author, Value at Risk: The New Benchmark for Controlling Market Risk. Every investment practitioner knows of the enormous impact that the Black-Scholes option pricing model has had on investment and derivatives markets. The success of the theory in understanding options on equity, equity index, and fixed- income markets is common knowledge. Yet, comparatively few professionals are aware that the theory's greatest successes may have been in the derivatives market for foreign exchange. Perhaps this is not surprising because the foreign exchange market is a professional trading arena that is closed virtually to all but institutional participants. Nevertheless, the world's currency markets have proven to be an almost ideal testing and development ground for new derivative instruments. This book contains many of the most important scientific papers that collectively constitute the core of modern currency derivatives theory. What is remarkable is that each and every one of these papers has found its place in the real world of currency derivatives trading. As such, the contributing authors to this volume can properly claim to have been codevelopers of this new derivatives market, having worked in de facto partnership with the professional traders in the dealing rooms of London, New York, Tokyo, and Singapore. The articles in this book span the entire currency derivatives field: forward and futures contracts, vanilla currency puts and calls, models for American exercise currency options, options on currencies with bounded exchange rate regimes, currency futures options, the term and strike structure of implied volatility, jump and stochastic volatility option pricing models, barrier options, Asian options, and various sorts of quanto options.
Categories: Business & Economics

Algo Bots and the Law

Algo Bots and the Law

ANDREW M. CHISHOLM , DERIVATIVES DEMYSTIFIED 210 (2d ed. 2010); see also Gregory Scopino, Regulating Fairness: The Dodd-Frank Act's Fair Dealing Requirement ...

Author: Gregory Scopino

Publisher: Cambridge University Press

ISBN: 9781107164796

Category: Business & Economics

Page: 250

View: 505

An exploration of how financial market laws and regulations can - and should - govern the use of artificial intelligence.
Categories: Business & Economics

An Introduction to International Capital Markets

An Introduction to International Capital Markets

Fully revised and updated from the hugely popular first edition, this book is an accessible and convenient one-volume introduction to international capital markets, ideal for those entering or planning to enter investment banking or asset ...

Author: Andrew M. Chisholm

Publisher: John Wiley & Sons

ISBN: 0470684585

Category: Business & Economics

Page: 448

View: 526

Fully revised and updated from the hugely popular first edition, this book is an accessible and convenient one-volume introduction to international capital markets, ideal for those entering or planning to enter investment banking or asset management. As well as serving as an invaluable reference tool for professionals already working in the industry looking to extend their knowledge base it will also benefit all those working in trading, sales and support roles. Describing how the key products and markets work, who the principle participants are and their overall goals and objectives, Andrew Chisholm provides a thorough overview of the global capital markets. The book covers a wide range of equity, debt, foreign exchange and credit instruments as well as the principal derivative products. In a step-by-step fashion, making extensive use of real world cases and examples, it explains money markets, foreign exchange, bond markets, cash equity markets, equity valuation techniques, swaps, forwards, futures, credit derivatives, options, option risk management and convertible bonds. An extensive glossary also explains concisely many of the ‘jargon’ expressions used in the financial markets. Boasting an international focus, examples are drawn from major international markets around the world. It makes extensive use of numerical examples and case studies to help explain a wide range of cash and derivative products used in the capital markets business. It covers both debt and equity products and includes new material on credit products such as collateralized debt obligations and credit derivative structures; equity fundamental analysis, portfolio theory and convertible bonds. Market data has been fully updated from the first edition and recent events such as the ‘credit crisis’ are discussed.
Categories: Business & Economics

Capital Market Instruments

Capital Market Instruments

Anson, M. Credit Derivatives, FJF Associates, 1999, chapter 3. Braddock, J. Derivatives Demystified: Using Structured Finance Products, Wiley, 1997.

Author: M. Choudhry

Publisher: Springer

ISBN: 9780230279384

Category: Business & Economics

Page: 546

View: 303

Revised and updated guide to some of the most important issues in the capital markets today, with an emphasis on fixed-income instruments. Fundamental concepts in equity market analysis, foreign exchange and money markets are also covered to provide a comprehensive overview. Analysis and valuation techniques are given for practical application.
Categories: Business & Economics

QFINANCE

QFINANCE

Derivatives. and. Quantitative ... All About Derivatives Michael Durbin New York: McGraw-Hill, 2006 253pp, ... Derivatives Demystified: A Step-by-Step Guide to.

Author: Bloomsbury Publishing

Publisher: Bloomsbury Publishing

ISBN: 9781472915894

Category: Business & Economics

Page: 2200

View: 617

QFINANCE: The Ultimate Resource (5th edition) is the first-step reference for the finance professional or student of finance. Its coverage and author quality reflect a fine blend of practitioner and academic expertise, whilst providing the reader with a thorough education in the may facets of finance.
Categories: Business & Economics

Accessing Capital Markets through Securitization

Accessing Capital Markets through Securitization

Derivatives A derivative asset or security obtains its value and cash flows from ... John C. Braddock , Derivatives Demystified : Using Structured Financial ...

Author: Frank J. Fabozzi

Publisher: John Wiley & Sons

ISBN: 1883249929

Category: Business & Economics

Page: 248

View: 979

This innovative collection, written by securitization professionalsand edited by finance guru Frank Fabozzi, thoroughly explains thebasics and the mechanics of securitization and shows howsecuritization can help more institutions offer innovativefixed-income products. Further, it discusses the effects of the capital markets onsecuritization and helps financial professionals decide whether ornot to securitize. Filled with strategies and techniques, financialprofessionals will learn how to use float asset-backed offeringsand how to hedge against risk and default.
Categories: Business & Economics

The Investment Advisor Body of Knowledge Test Bank

The Investment Advisor Body of Knowledge   Test Bank

TABLE 13.5 The Use of OTC Derivatives for Equity Strategies Equity Strategy ... John C. Braddock, Derivatives Demystified: Using Structured Financial ...

Author: IMCA

Publisher: John Wiley & Sons

ISBN: 9781118912324

Category: Business & Economics

Page: 1152

View: 240

The complete body of knowledge for CIMA candidates and professionals The 2015 Certified Investment Management Analyst Body of Knowledge + Test Bank will help any financial advisor prepare for and pass the CIMA exam, and includes key information and preparation for those preparing to take the test. CIMA professionals integrate a complex body of investment knowledge, ethically contributing to prudent investment decisions by providing objective advice and guidance to individual and institutional investors. The CIMA certification program is the only credential designed specifically for financial professionals who want to attain a level of competency as an advanced investment consultant. Having the CIMA designation has led to more satisfied careers, better compensation, and management of more assets for higher-net-worth clients than other advisors. The book is laid out based on the six domains covered on the exam: I. Governance II. Fundamentals (statistics, finance, economics) III. Portfolio Performance and Risk Measurements IV. Traditional and Alternative Investments V. Portfolio Theory and Behavioral Finance VI. Investment Consulting Process
Categories: Business & Economics

QFINANCE The Ultimate Resource 4th edition

QFINANCE  The Ultimate Resource  4th edition

Derivatives: Markets, Valuation, andRisk Management Robert E.Whaley Wiley Finance ... Derivatives Demystified: A StepbyStep Guide to Forwards, Futures, ...

Author: Bloomsbury Publishing

Publisher: A&C Black

ISBN: 9781849300643

Category: Business & Economics

Page: 2208

View: 888

QFINANCE: The Ultimate Resource (4th edition) offers both practical and thought-provoking articles for the finance practitioner, written by leading experts from the markets and academia. The coverage is expansive and in-depth, with key themes which include balance sheets and cash flow, regulation, investment, governance, reputation management, and Islamic finance encompassed in over 250 best practice and thought leadership articles. This edition will also comprise key perspectives on environmental, social, and governance (ESG) factors -- essential for understanding the long-term sustainability of a company, whether you are an investor or a corporate strategist. Also included: Checklists: more than 250 practical guides and solutions to daily financial challenges; Finance Information Sources: 200+ pages spanning 65 finance areas; International Financial Information: up-to-date country and industry data; Management Library: over 130 summaries of the most popular finance titles; Finance Thinkers: 50 biographies covering their work and life; Quotations and Dictionary.
Categories: Business & Economics

Research in Finance

Research in Finance

Derivatives demystified: Using structured financial products. ... A practitioner's guide to structuring listed equity derivative securities.

Author: Andrew H. Chen

Publisher: Emerald Group Publishing

ISBN: 9780762312771

Category: Business & Economics

Page: 356

View: 438

This volume contains contributions on a range of important issues in current financial research. Topics include the performance of fixed income mutual funds in different economic states, the determinants of long-term excess performance of the ADRs on the NYSE, the models for forecasting the Euro/US Dollar exchange rates and the U.S. mutual funds movements, the fragmentation in day and night markets, the market reactions of the U.S.-listed foreign banks to the passage of the GLB Act of 1999, the upper bounds for American options, the spread-based models for the valuation of credit derivatives, the empirical evidence on the evolution of corporate borrowers, the determinants of private debt source, and the underlying causes and resolution policies for the systematic banking crises.*A valuable addition to the research of finance*Contains contributions from key figures the world of finance*Offers broad coverage
Categories: Business & Economics

The Theory and Practice of Investment Management

The Theory and Practice of Investment Management

Risk Management Strategies As we have noted, a common use of derivatives is to ... John C. Braddock, Derivatives Demystified: Using Structured Financial ...

Author: Frank J. Fabozzi

Publisher: John Wiley & Sons

ISBN: 0471445657

Category: Business & Economics

Page: 912

View: 618

Expert advice that applies the theory and practice of investment management to today's financial environment The changing nature and rapid growth of the investment management industry, along with new theoretical developments in the field of finance, have led to a need for higher quality investment management practices and better qualified professionals. The Theory and Practice of Investment Management recognizes these needs and addresses them with sharp, innovative insights from some of the most respected experts in the field of investment management. The Theory and Practice of Investment Management discusses and describes the full scope of investment products and strategies available in today's market. Led by financial experts Frank Fabozzi and Harry Markowitz, the contributors to this book are active, successful practitioners with hands-on expertise. By combining real-world financial knowledge with investment management theory, this book provides a complete analysis of all pertinent investment products-including hedge funds and private equity-and explores a wide range of investment strategies. Tying together theoretical advances in investment management with actual applications, this book gives readers an opportunity to use proven investment management techniques to protect and grow a portfolio under many different circumstances.
Categories: Business & Economics

Strauss s Handbook of Business Information A Guide for Librarians Students and Researchers 4th Edition

Strauss s Handbook of Business Information  A Guide for Librarians  Students  and Researchers  4th Edition

... 82–84, 87, 322 Data-Planet, 115 DCAA Contract Audit Manual, 163 CBOE, 281–283 Derivatives Demystified: A Step-by-Step Guide CCH IntelliConnect, 161–162, ...

Author: Hal P. Kirkwood

Publisher: ABC-CLIO

ISBN: 9781440851315

Category: Language Arts & Disciplines

Page: 403

View: 291

This new edition of Strauss's guide helps users to find current information for and about businesses of all kinds—both private and public, U.S.-based and international—related to finance, investment, industries, and entrepreneurship. Strauss's Handbook of Business Information is a resource for finding and understanding business information. It contains explanation and instruction on the key facets of business information and provides detailed descriptions of key resources within both broad and specific categories. It can be used as a guide to further understanding the what, how, and why of business information research. The changing arena of business information requires regular updating and awareness. This new edition has been thoroughly updated with three new chapters: Entrepreneurship, Competitive Intelligence, and Corporate Social Responsibility. Other additions of note include subsections on internet and mobile marketing and tax havens and related issues; coverage of new legislation (e.g., Dodd-Frank); and subsections on index funds, investment communities, regulatory bodies and laws, hedge funds, venture capital companies, assessing risks, robo-advisors, and more. The Handbook is for students, faculty, librarians, and information professionals looking to gain a broader and deeper understanding of business information. Anyone needing to gain quick exposure to business information needs and resources for solutions will benefit from the volume as well. Uses comprehensive coverage to aid business librarians in finding exactly the right information their patrons need Features logical arrangement and integration online with print resources to make information easy to find Provides clear explanations that speak to reference librarians at public and academic libraries, and to students learning this field Serves as a helpful collection development resource for business information, as well as a trusted textbook
Categories: Language Arts & Disciplines

Commodities For Dummies

Commodities For Dummies

... Futures and Other Derivatives (Prentice Hall) for its thoroughness. Another book I recommend is Derivatives Demystified by Andrew Chisholm (Wiley).

Author: Amine Bouchentouf

Publisher: John Wiley & Sons

ISBN: 9780470121894

Category: Business & Economics

Page: 384

View: 186

Categories: Business & Economics

Finance and Financial Markets

Finance and Financial Markets

Further reading Chisholm, A. (2004) Derivatives Demystified: A Step by Step Guide to Forwards, Futures Hull, J.C. (2003) Options Futures and Other ...

Author: Keith Pilbeam

Publisher: Macmillan International Higher Education

ISBN: 9781349262731

Category: Business

Page: 479

View: 623

Finance and Financial Markets is a major text designed for introductory undergraduate, postgraduate and MBA courses in finance. It provides a comprehensive yet relatively non-technical introduction to modern day financial institutions, markets and instruments.
Categories: Business

Ind As Practices Demystified 4Ed

Ind As Practices Demystified 4Ed

A derivative is any financial instrument whose value depends on an underlying variable such as price or index. An embedded derivative is the same as a ...

Author: Santosh Maller

Publisher: Wolters kluwer india Pvt Ltd

ISBN: 9789389859287

Category: Law

Page: 1200

View: 714

This book attempts to provide insights on how notable phase I companies and early adopters of Ind AS have transitioned to Ind AS. To simplify the matters the book is structured in three parts, mentioned as below:
Categories: Law

Hedging Demystified

Hedging Demystified

... derivatives, complexities hedging, derivatives, correlation issues hedging, derivatives, example hedging, derivatives, explained hedging, derivatives, ...

Author: Tim Bishop

Publisher: Open Road Press

ISBN: 9780985624804

Category: Business & Economics

Page: 192

View: 120

Do changes in•commodity prices•interest rates•foreign currency exchange rates•or weatherjeopardize your bottom line?Finally, it’s here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains:•The mechanics of hedging•How hedging protects wealth•How to achieve more predictable earnings amid the unpredictable•Specific examples of hedging•Hedging opportunities and pitfallsHedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable.
Categories: Business & Economics